Axiom Software budgeting and forecasting solutions enable higher education finance teams to adopt agile budgeting and forecasting processes, including position planning and scenario modeling.
Axiom Software provides improved budgeting and forecasting accuracy by serving as a single version of the truth. Finance professionals no longer have to wade through data silos that provide differing results, or try to manually aggregate data sources through spreadsheets. These solutions provide the data import, standardization, and process management tools necessary to support budgeting and forecasting so that finance teams can focus on other important priorities.
Key budgeting and forecasting Axiom Software solutions include:
- Budgeting - Engage academic and administrative leaders in budget formulation to align resources and manage financial performance
- Position Planning - Leverage your institution's human resources data, merit and benefits rates, and budget input to support labor planning
- Grants Planning - Monitor post award spending plans and funding balance, while comparing projected grant installments against individual spending by project
- Costing & Allocations - Provide users with information so they can clearly identify the allocation source, basis, and target
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